R.J. O\'Brien & Associates on Monday announced today that its parent company has reached a definitive agreement with StoneX Group Inc., to merge all of RJO\'s global businesses into StoneX, subject to regulatory approvals and customary closing conditions.
<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\"><p id=\"isPasted\" style=\"box-sizing: border-box; margin: 0px 0px 35px; font-size: 16px; line-height: 1.8; color: rgb(55, 55, 55); font-family: proxima-nova, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><span style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\">CHICAGO</span> and <span style=\"box-sizing: border-box;\">NEW YORK</span></span>, <span style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\">April 14, 2025</span></span> /PRNewswire/ -- R.J. O'Brien & Associates (RJO), the oldest futures brokerage and clearing firm in <span style=\"box-sizing: border-box;\">the United States</span>, announced today that its parent company has reached a definitive agreement with StoneX Group Inc. (NASDAQ: <a data-toggle=\"modal\" href=\"https://www.prnewswire.com/news-releases/rj-obrien-agrees-to-acquisition-by-stonex-group-302427535.html#financial-modal\" style=\"box-sizing: border-box; background-color: transparent; color: rgb(6, 51, 105); text-decoration: underline; overflow-wrap: break-word; word-break: break-word; font-weight: bold;\">SNEX</a>), to merge all of RJO's global businesses into StoneX, subject to regulatory approvals and customary closing conditions. Upon the closing of the transaction, anticipated in the third quarter of this year, the combined firm will become a leading futures commission merchant (FCM) in the U.S., enhancing its role in the global financial market structure.</p><p style=\"box-sizing: border-box; margin: 0px 0px 35px; font-size: 16px; line-height: 1.8; color: rgb(55, 55, 55); font-family: proxima-nova, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\">StoneX is a Fortune 100 company with operations in six continents and a market capitalization of over <span style=\"box-sizing: border-box;\">$3.5 billion</span>. Privately held R.J. O'Brien has offices and affiliates in <span style=\"box-sizing: border-box;\">North America</span>, <span style=\"box-sizing: border-box;\">Europe</span>, the <span style=\"box-sizing: border-box;\">Middle East</span> and Asia. </p><p style=\"box-sizing: border-box; margin: 0px 0px 35px; font-size: 16px; line-height: 1.8; color: rgb(55, 55, 55); font-family: proxima-nova, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><span style=\"box-sizing: border-box;\">Sean O'Connor</span>, Executive Vice-Chairman of StoneX, said: "This is a transformational transaction for StoneX, establishing us as a leading global derivatives clearing firm and reinforcing our position as an integral part of the global market structure across asset classes. Combining R.J. O'Brien's extensive client network and proven clearing capabilities with StoneX's deep liquidity, innovative OTC hedging solutions and leading risk management infrastructure, we are well-positioned to continue to deliver exceptional services, broader market access and industry-leading solutions to our combined client base. We are very pleased that <span style=\"box-sizing: border-box;\">Gerry Corcoran</span>, who has been the CEO and driving force behind RJO, will continue on with StoneX in a senior leadership role." </p><p style=\"box-sizing: border-box; margin: 0px 0px 35px; font-size: 16px; line-height: 1.8; color: rgb(55, 55, 55); font-family: proxima-nova, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\">RJO Chairman and CEO <span style=\"box-sizing: border-box;\">Gerry Corcoran</span> said: "We're extraordinarily excited about this partnership between two great companies that each bring over a century of history in the futures industry and complementary capabilities, products, services and cultures. We both prioritize a profound commitment to our clients and a focus on prudent risk management. RJO's clients will continue to enjoy the same enduring relationships with the brokers they know so well and the high level of service they know they can expect from us. In addition to all the products we offer today, our clients and brokers will have a plethora of new products and services across asset classes available at their fingertips, bringing meaningful new trading and hedging opportunities. At the same time, our organization will benefit from new efficiencies, premier technologies and greater growth potential." </p><p style=\"box-sizing: border-box; margin: 0px 0px 35px; font-size: 16px; line-height: 1.8; color: rgb(55, 55, 55); font-family: proxima-nova, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\">Speaking on behalf of the O'Brien family, the majority shareholders in RJO, Board member <span style=\"box-sizing: border-box;\">Bob O'Brien, Jr.</span> said: "This transaction is the right step to take for all of our stakeholders to ensure we carry on the values that have made the firm successful while putting us in the strongest position to compete and meet the challenges of the evolving financial landscape. StoneX was founded just 10 years after my grandfather, <span style=\"box-sizing: border-box;\">John V. McCarthy</span>, started our firm in 1914. Like RJO, it was one of the earliest clearing members of the Chicago Mercantile Exchange. So many of our family members have been privileged to lead the company and provide guidance and counsel. We feel so close to our clients, brokers and employees; they're extended family to us. This merger is the natural next step in the history of the company, and the O'Brien family is enthusiastic about playing a new role as major shareholders in another great company that will build on that legacy." </p></div>